Remember when Biden said that his latest $1 trillion spending bill was going to reduce inflation? That was only half the lie in that porker bill. The other piece of disinformation was that this would reduce the deficit. In reality cost estimate of the green energy subsidy “tax expenditures” from Biden’s own Treasury Department keeps rising:
The 10-year total is now north of $700 billion, more than double the original “Inflation Reduction Act” estimates and climbing fast. Private-sector estimates are well north of a trillion bucks.
We remind you that the “Center for a Responsible Federal Budget” endorsed this bill for its alleged deficit reduction.